Is Bruce, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bruce is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bruce was a Buyer's Market.

Key Takeaway

Bruce is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bruce, WI

How much do homes in Bruce, WI cost?

Median Sold Price

$215,000

$248/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$14,000(+7.0%)

Key Takeaway

Homes in Bruce have sold for 7% more than they did a month ago.

Summary: The median home sold price in Bruce was $215,000 in November 2024, up 7% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $201K-
N/A
2 -$240.2K
N/A
3 -$204.2K
N/A
4 -$215K
N/A
5+ --
N/A

Summary: Bruce housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bruce, WI

How many homes are available in Bruce, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Bruce real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 56
+20.0%
3 88
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Bruce housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bruce, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Bruce in November 2024, up by 600.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Bruce, WI

How long does it take to sell a home in Bruce, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bruce has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Bruce; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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